What Elon Musk's bitcoin bet means for Tesla: 5 things to know

More companies might follow suit, but the move also raises investor concerns

20210210 tesla logo musk and bit coin

(Nikkei montage/AP)

YIFAN YU, Nikkei staff writer

PALO ALTO, U.S. -- The U.S. electric vehicle maker Tesla has bought $1.5 billion worth of bitcoins and said it would accept it as a form of payment for its cars in the near future -- adding to the buzz around both carmaker and cryptocurrency.

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